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Copper Extends Surge on Bets That Demand is Poised to Boom

(Bloomberg) -- Copper rose from its highest close since mid-2022 as industrial metals posted broad gains on gathering optimism over world demand.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataIran’s Better, Stealthier Drones Are Remaking Global WarfareTrumpism Is Emptying ChurchesUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaThe macroeconomic backdrop for metals — with global m

China , London , City-of , United-kingdom , Jason-rogers , Bloomberg-businessweek , Chaos-ternary-research-institute , Federal-reserve , Citigroup-inc , Bloomberg , London-metal-exchange , Lobal-manufacturing

OPEC-Watchers Predict Extension of Oil Cuts Into Next Quarter

(Bloomberg) -- OPEC+ is expected to continue its current oil-supply cutbacks into the next quarter in a bid to avert a surplus and prop up prices.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Moon in Historic Feat for Private SpacecraftChina’s Central Bank Tries to Catch Markets Off Guard With Surprise EasingSaudi Arabia and its par

Algeria , Saudi-arabia , Canada , China , Paris , France-general- , France , Brazil , Kuwait , Russia , Ukraine , Guyana

Artificial Intelligence Could Fuel Robust Demand for Power. Here Are 2 Under-the-Radar Ways to Cash In on AI's Energy Needs.

Data centers used to power AI applications require a lot of electricity.

Texas , United-states , Louisiana , Kidner-morgan , Us-department-of-energy , Permian-basin , Kinder-morgan , Motley-fool-stock-advisor , Stock-advisor , Atural-gas , Enewable-energy

India will be the largest source of oil-demand growth for the next 7 years, IEA says

The nation's oil demand is expected to increase by 1.2 million barrels a day by 2030, roughly a third of global demand gains.

India , Beijing , China , Delhi , International-energy-agency , Ea , Il , Lobal-oil-demand , Emand-growth ,

International Energy Agency revises forecast for oil demand upward

The International Energy Agency (IEA) forecast larger oil demand in 2024 than previously projected in its monthly market report Thursday. This year, the agency projected, global oil demand is set to grow by about 1.24 million barrels per day, up from the 1.1 million it projected in December. Meanwhile, the IEA also predicted overall global supply will…

Israel , Brazil , Guyana , Red-sea , Djibouti-general- , Djibouti , International-energy-agency , President-biden , Middle-east , Yemeni-houthi , Good-hope

Hertz to shrink EV rental fleet over sluggish US demand

Hertz said Thursday it will sell one-third of its electric vehicle (EV) automobiles to resize its fleet in line with slowing demand growth for emission-free transport.The rental car giant will sell 20,000 EVs in the United States, steering a portion of the funds to purchase "internal combustion engine vehicles to meet customer demand," Hertz said in a securities filing.

United-states , General-motors , Kelley-blue , Los-angeles-international-airport , Ertz , Ehicle-fleet , Emand-growth , Ental-car , Odin-eckenroth , Lectric-vehicle ,

The Zacks Analyst Blog Highlights Murphy USA, Nine Energy Service and Sunoco

Murphy USA, Nine Energy Service and Sunoco are part of the Zacks top Analyst Blog.

Brazil , China , Saudi-arabia , Guyana , Russia , Norway , Iran , Chicago , Illinois , United-states , Germany , Canada

Truckload supply and demand on collision course in 2024

The data does suggest that the supply of capacity and demand for its use is moving back toward equilibrium at a relatively fast clip. The post Truckload supply and demand on collision course in 2024 appeared first on FreightWaves.

Colorado , United-states , American , Anthony-smith , Zac-rogers , Craig-fuller , Carrier-details-total-trucking-authorities , Outbound-tender-volume-index , Colorado-state , Logistics-manager-index , Freightwaves-chart , Market-expert

Oil markets will shift away from China as India will drive demand growth in the next 20 years, Bernstein says

"India is expected to be the most important single region driving demand growth over the next 20 years," a Bernstein note said.

China , India , Emand-growth , Il-markets , Il-demand , Ernstein , Rowth-rate , Il-intensity ,

Oil Demand Growth in India to Taper in 2024 After Bumper Run

(Bloomberg) -- Oil demand growth in the key Asian market of India is set to slow next year as the spurt in consumption that followed the pandemic fades, echoing a slowdown in China and presenting a fresh headwind for prices.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsFed Pivots to

India , Russia , Ukraine , Moscow , Moskva , China , Bloomberg-businessweek , Dylan-sim , Bloomberg-oil , Bloomberg , Organization-of-petroleum-exporting-countries , International-energy-agency